"What makes it possible for politicians to..." - Quote by Thomas Sowell
What makes it possible for politicians to do so many things that are economically counterproductive is that neither the public nor the media know enough of the basics to understand what's wrong with what they're saying.
More by Thomas Sowell
“The most politically painless way to hand out goodies, without taking responsibility for their costs, is to pass a law saying that somebody else must provide those goodies at their expense, while the politicians take credit for generosity and compassion.”
“What do you call it when someone steals someone else's money secretly? Theft. What do you call it when someone takes someone else's money openly by force? Robbery. What do you call it when a politician takes someone else's money in taxes and gives it to someone who is more likely to vote for him? Social Justice.”
“Much of the social history of the Western world, over the past three decades, has been a history of replacing what worked with what sounded good.”
More on Politics
“If women ran the world, we wouldn't have wars, just intense negotiations every 28 days.”
“Richard Nixon looks like a flaming liberal today, compared to a golem like George Bush. Indeed. Where is Richard Nixon now that we finally need him?”
“I don't think you can have a better secretary of the Treasury than Hank Paulson.”
More on Economics
“I think our initiative with respect to education and economic development can work in Saudi Arabia and it is up to the Saudis to decide how they wish to transform their society in order to make it prepared for the challenges of the 21st century.”
“If anything had or could have a value equal to gold and silver, it would require no tender law; and if it had not that value it ought not to have such a law; and, therefore, all tender laws are tyrannical and unjust and calculated to support fraud and oppression.”
“No matter how deeply wedded one may be to the free enterprise system (and I, for one, am wedded for life), one has to accept the need for positive government; one has to consider government action on a sizable scale as desirable rather than as a necessary evil.”